Org.nr 994 576 313 2016 → 2017 Year-over-year analysis

ABC BIOSCIENCE AS: årsregnskap 2017 vs 2016

Shrank 100% on revenue, stronger earnings

approved 2018-06-13; registry 2018-07-23; journal 2018 748541

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ABC BIOSCIENCE AS. Revenue 721.5k NOK → 721 NOK (-99.9%). Net result -2.26m NOK → -36.2k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Revenue

721.5k NOK 721 NOK

-99.9%

Operating result

-2.27m NOK -42.5k NOK

+98.1%

Net result

-2.26m NOK -36.2k NOK

+98.4%

Equity

-4.60m NOK n/m

—

Cash

596.1k NOK 870.7k NOK

+46.1%

Total assets

911.3k NOK 870.7k NOK

-4.5%

↑
Operating result improved

Operating result -2.27m NOK → -42.5k NOK (op. margin -314.1% → -5900.3%). Calculated
↑
Net result improved

Net result -2.26m NOK → -36.2k NOK (net margin -313.4% → -5015.4%). Calculated
↑
Cash rose

Bank deposits 596.1k NOK → 870.7k NOK (+46.1% YoY). Calculated
↑
Payroll decreased

Salary cost 4.76m NOK → 4 764 NOK (660% → 661% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 721.5k NOK to 721 NOK (-99.9% YoY). Calculated